Dataminr | Top 20 Capital Markets Technology Solution Company - 2019
Dataminr: Delivering Real-Time Event Alerts
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CIOREVIEW >> Banking And Finance >> Dataminr

Dataminr has been recognized by CIOReview Magazine as the recipient of “Top 20 Capital Markets Technology Solution Companies - 2019,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Ted Bailey, Founder & CEO.

Dataminr
Delivering Real-Time Event Alerts

Dataminr

Ted Bailey, Founder & CEO
It is 3:53 p.m. EST. Tesla’s stock is trading at $13.18 when Dataminr clients receive breaking news of Tesla’s collaboration with Advanced Micro Devices to manufacture artificial intelligence-enabled microchips for self-driving cars. Flagging this information for clients before it flashed on all the major TV news channels, Dataminr’s notification immediately put its users on alert. By 4:15 p.m., the stock rallied by 4.2 percent and rose another 6 percent as additional information started flowing in. After Dataminr’s early alert, Tesla’s stock jumped over 10 percent in just a single day.

“The capital markets are not only sensitive to demand and supply but breaking events as well,” says Edward Oliver, VP of Finance Sector Sales at Dataminr. “Our AI-based platform equips clients with a contextual and comprehensive view about what is happening during a particular event, time, and location to help them make insightful and faster decisions.”

Despite having access to traditional sources of information, such as television news networks and newspapers, capital market professionals are often challenged with a dearth of real-time information about high-impact events as they occur. They invest a significant portion of their time to digest breaking information, increasingly now sourced from alternative data— which represents information outside the realms of capital market data such as price and volume— to obtain critical insights for their investment processes.

Competitively, Dataminr stands apart from traditional news sources with its capability to detect market-impacting events in real-time often before major news, for actionable insights.

Oliver says, “The growth of the digital enterprise provides great opportunity for CIOs, but it also brings new challenges, such as integrating tools and frameworks that increase efficiency and awareness into the existing workflow. We meet these challenges for our clients with Dataminr Alerts that can be fully customized and integrated, supporting enterprise growth and ultimately enhancing the way an organization incorporates real-time information in their operations.”

Our platform equips clients with a contextual and comprehensive view about what is happening during a particular event, time, and location to help them make insightful and faster decisions

He believes that there is significant potential to harness real-time information from global audiences through social media channels.

Spurred by the rise of smartphones, which gives anyone with a handheld device the ability to quickly disseminate information to a global audience, Dataminr has designed a platform built with AI and machine learning technologies that captures information from alternative, public data sources, including social media, blogs, and other web-based sources. In addition to real-time alerting, Dataminr helps its users comprehend the significance of high-impact events such as new corporate strategies, government policies, and regulatory changes by analyzing patterns in complex data and putting structure to disparate pieces of information across topics, languages, and geographies. For instance, the platform can detect live events based on a variety of criteria, including volume of tweets, clustering and other patterns. The platform then provides additional metadata like urgency levels, source categories, and more.

Built to detect, classify, and determine the importance of information about events in real time, the platform harmonizes unstructured data by eliminating the noise. At the core of the platform, the engine’s algorithms identify, filter and tailor information according to users’ specific areas of business, including sectors, asset classes, and locations. Oliver says, “We’ll continue to look at how we leverage real-time public data to discover breaking events across the world, ensuring our clients are the first to know about critical information, wherever and whenever it breaks.”

Dataminr

News

Dataminr Announces the Launch of Cyber-Physical A2I Partner Coalition

Thursday, April 27, 2023

NEW YORK: Dataminr, one of the world's leading AI businesses, today announced the launch of the Cyber-Physical A2I Partner Coalition at the upcoming RSA Conference. This new strategic partnership among leading cybersecurity organizations will address the growing challenges corporations face at the intersection of cyber and physical security.

"In today's world, enterprises are challenged with an exponentially increasing threat landscape that has blurred the lines between cyber and physical risk," said Ted Bailey, Founder and CEO of Dataminr. "Both the chief information security officer (CISO) and chief security officer (CSO) now face a growing number of cyber-physical threats—ranging from physical threats to IT/OT/IOT infrastructure and disruptions caused by geopolitical instability to cyber attacks with physical world consequences. This new coalition of leading cyber technology companies enables corporations to respond to incidents faster and bolster enterprise resilience."

"Cyber-physical convergence is an existential threat that is only accelerating," said Dave DeWalt, Chair of Dataminr's Corporate Advisory Board. "Events in the cyber world are now traversing to the physical world (and vice versa) at an alarming rate, which can lead to serious ramifications. The Cyber-Physical A2I Partner Coalition will speed time and increase accuracy for response to cyber-physical threats by equipping security leaders with the transformative potential of AI to navigate the converged risk landscape."

The Dataminr Cyber-Physical A2I Partner Coalition shares a commitment to developing and sharing best practices that enable companies to leverage advances in artificial intelligence to accelerate their readiness to face converged cyber-physical threats. Through development of new joint solutions and product integrations, the consortium of partners will enable CISOs and CSOs to most effectively plan for, discover and respond to converged cyber-physical threats in real time. Launch partners include Claroty, Mandiant, NightDragon, Optiv and ServiceNow. In the coming months, this coalition will expand to include additional leaders in the cybersecurity industry.

"We continue to see the convergence of cyber and physical threats, and the severe and immediate impact these threats have on companies and governments," said Marshall Heilman, Global Chief Technology Officer, Mandiant. "As a mission focused company, we have always been willing to collaborate with alliance partners, like Dataminr, on joint solutions to better protect our customers. I am confident in our ability to improve resilience from, and reduce the risk of, cyber-physical attacks as we build future solutions that combine Mandiant's Incident Response services and Cyber Threat Intelligence with Dataminr and the rest of the coalition's capabilities."

"At Optiv, we offer solutions that bolster the enterprise resilience of the corporations we work with by partnering with technology innovators," said Rocky DeStefano, CTO of Optiv. "We are thrilled to be a part of this coalition to develop new solutions for cyber-physical resilience that enable the CISO and CSO to collaborate and leverage best-in-class AI capabilities to navigate today's ever-changing risk landscape."

"With Claroty's focus on securing the cyber-physical systems across the Extended Internet of Things (XIoT) – from industrial control systems, to medical devices, to building management systems, and more – joining this coalition is a natural fit for us," said Yaniv Vardi, CEO of Claroty. "We look forward to developing solutions that combine Dataminr's AI capabilities with our unmatched visibility, protection, and threat detection for the XIoT to help organizations achieve cyber and operational resilience."

"The ServiceNow platform is a powerful ally in managing the growing risk of cyber-physical attacks for enterprises," said Lou Fiorello, VP & GM of Security Products at ServiceNow. "The Now Platform's power lies in the ability to unify the actionable intelligence from Dataminr with processes and people into operational workflows—to not only respond to cyber-physical threats, but also proactively mitigate them and secure critical assets to ensure business continuity for our customers."

The announcement of this new coalition of leading technology companies accompanies this week's official launch of Dataminr Pulse for Cyber Risk. Over 1,500 corporate and government organizations rely on Dataminr's AI platform to strengthen enterprise resilience with real-time, actionable intelligence on external threats and risks to their business. Dataminr's pioneering multimodal fusion AI platform detects real-time events and critical information within nearly one million public data sources with unparalleled speed, scope, relevance and accuracy.

With the launch of Dataminr Pulse for Cyber Risk, Dataminr is now delivering real time actionable intelligence that encompasses cyber-physical convergence, vulnerability prioritization, external attack intelligence, and digital risk. Dataminr Pulse—now spanning both corporate security and cyber risk—provides a first-of-its kind cross-domain platform that enables CISOs and CSOs to maintain a common operating picture on the physical, cyber and digital domains and respond faster and more effectively to converged threats.

Dataminr Pulse Expands to Offer AI-powered Risk Management Capabilities

Thursday, September 21, 2023

• Dataminr Pulse for Corporate Security now offers an enhanced and unified end-to-end product to leverage cutting edge AI to discover, contextualize, collaborate and communicate enterprise-wide

• Enhancements include new capabilities to proactively plan and manage business risks, increase collaboration, and enhance internal transparency

• Integrating a wide range of LLMs (large language models) and multimodal foundation models within its AI platform, Dataminr provides corporate security teams with first-of-its kind AI-powered event discovery, past event investigation, scenario planning and resource allocation capability

• Dataminr unveils new Risk Management capabilities at booth #2817 during the 69th annual Global Security Exchange (GSX) Conference in Dallas, Texas

NEW YORK, --
Dataminr, one of the world's leading AI companies, announced the release of its new AI-powered Risk Management capabilities for Dataminr Pulse for Corporate Security—relied on by more than two-thirds of the Fortune 50 and half of the Fortune 100. Dataminr Pulse for Corporate Security's new Risk Management capabilities enable teams to collaboratively manage risks to their business in one place, giving them a holistic view of risk events, workflows, actions, analysis and reporting, as well as prepare for risks before they occur with a comprehensive set of new AI-powered scenario planning and resource allocation capabilities.

"Businesses are recognizing the importance of using AI to prepare for the unexpected and increase their resiliency in today's rapidly-expanding threat landscape," said Jason Edelboim, President and COO of Dataminr. "Designed with input from some of our largest corporate enterprise customers, we are launching our new AI-powered Risk Management capabilities to offer a more powerful end-to-end solution that our customers can depend on to effectively plan and manage business risks, and respond to events with speed and confidence. Through one single pane of glass, users can collaborate effectively, get a full picture of the threat landscape, and use Dataminr's predictive AI and generative AI capabilities to be better prepared for events that might impact their business or pose a threat to the safety of their employees."

Pulse for Corporate Security's new Risk Management capabilities empowers chief security officers and their teams to more effectively collaborate ahead of and during events, record events using predefined templates, and manage ongoing events while coordinating targeted responses with selected teams.

Leveraging Dataminr's world-leading AI platform with a wide range of LLMs and multimodal foundation models now integrated, corporate security groups can take advantage of Dataminr's predictive AI capabilities to identify and anticipate high-impact events in real-time, and better understand the people and assets most at risk. Additionally, Dataminr's generative AI capabilities provide users with textual summaries of events for enhanced risk assessment, situational awareness, and past event investigation.

These newly-available capabilities also enable customers to:

• Collaborate effectively to plan for any potential risks and events.

• Access a unified view of all activity, event details, tasks and alerts in a single pane-of-glass view.

• Enhance team efficiency by simplifying risk management workflows.

• Monitor project status comprehensively from one simple overview page.

• Utilize customizable response playbooks and prepare standard operating procedures (SOPs) to ensure fast, informed and effective real-time decision making.

• Share assessments with stakeholders before, during and after events that impact the business.

• Gain insights through minute-by-minute activity logs for team performance evaluation.

• Manage response tasks and actions on the go from within the Pulse mobile app.

• Personalize risk management processes to meet unique individual and organizational needs.

Dataminr will demo its Pulse for Corporate Security Risk Management capabilities at booth #2817 at the 69th Annual Global Security Exchange (GSX) Conference, taking place September 11-13 at the Kay Bailey Hutchison Convention Center in Dallas, Texas.

Top 20 Capital Markets Technology Solution Companies - 2019

Company
Dataminr

Headquarters
New York, NY

Management
Ted Bailey, Founder & CEO

Description
Dataminr is well-known as one of the world’s leading AI businesses. The company has been providing a pioneering AI platform that equips clients in diverse industries with real-time information. They help their clients to stay one step ahead and act with complete confidence. Clients of Dataminr are the first to implement high-impact events and emerging risks, which enabled them to mitigate and manage crises and opportunities effectively. Around the clock and the world, millions of enterprises and public sector organizations depend on their pioneering AI platform to help solve real-world problems

Top 20 Capital Markets Technology Solution Companies - 2019

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